Senior Underwriting Assistant, Casualty

Singapore, Singapore

Job Description


:What\'s this role about? Reporting to the Head of Casualty, the primary purpose of this role is to assist the Casualty Underwriting Teams in delivering a high-quality client service. The successful candidate will support the underwriters and operational functions to meet business objectives. The role provides a fantastic opportunity for those looking to further develop their knowledge and expertise in the Underwriting space. An Underwriting Assistant provides administrative support to the underwriting team. They assist in the review, evaluation, and analysis of insurance applications and policies, contributing to the assessment of the risks. Collaboration is key to the success of this role, therefore a close working relationship is required with Underwriting, Operations, Claims and Finance. This role requires a strong understanding of insurance principles, policies, and procedures, as well as excellent organizational and communication skills.Key Responsibilities * Data gathering: Collecting and organizing relevant information for underwriting purposes, including risk details, business operations and loss history.

  • Application processing: Entering data into underwriting systems to generate quotes and policies, ensuring accuracy and completeness.
  • Policy review: Reviewing and verifying policy documents, endorsements, and renewals, identifying any inconsistencies or errors.
  • Risk assessment: Assisting the underwriters in evaluating the risk exposure of commercial insurance applications, analyzing potential hazards, and determining appropriate coverage.
  • Rate calculation: Assisting in the compilation of rating structures and premium calculations based on underwriting guidelines and company standards.
  • Customer service: Responding to inquiries from agents, brokers, and customers regarding policy information, coverage options, and underwriting guidelines.
  • Documentation and recordkeeping: Maintaining accurate and organized files, both electronic and physical, ensuring compliance with regulatory requirements and internal procedures.
  • Collaboration: Collaborating with other departments, such as claims, loss control, and marketing, to provide necessary information and ensure effective communication.
  • Research and analysis: Conducting market research, industry analysis, and competitive analysis to support underwriting decisions and strategy development.
  • Continuous learning: Staying updated with industry trends, regulations, and advancements, attending training sessions and conferences to enhance knowledge and skills.
Qualifications:
  • A high school diploma or equivalent, a bachelor\'s degree in business, finance, or a related field, preferable.
  • Strong analytical and problem-solving skills, with attention to detail and ability to interpret complex information.
  • Proficient computer skills, including MS Office suite.
  • Excellent organizational and time management abilities, with the capacity to handle multiple tasks simultaneously.
  • Effective communication and interpersonal skills to interact with clients, agents, and colleagues.
  • Knowledge of commercial insurance products and underwriting practices, and familiarity with industry regulations and policies.
  • Ability to work collaboratively as part of a team and adapt to changing priorities.
  • A willingness to learn and develop professionally within the insurance industry.

Chubb

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Job Detail

  • Job Id
    JD1468739
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned